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SUDHEER GUNTUPALLI
Analysts cautious as SaaS deal activity decelerates in IndiaIT companies will see higher growth until June 2021 because of the sharp fall in business in June last year. The real numbers will be visib...- Indian IT likely to post best Q4 results in five years, attrition a concernWhile Tata Consultancy Services Ltd. (TCS), the country’s largest technology services firm by revenue, will kick off the Q4 results season ...
- Accenture’s strong bookings could mean better deal pipeline for IT firmsLast week, Accenture reported significant growth in outsourcing and consulting deals, with total new bookings worth $16 billion in the quar...
- Wipro's Capco acquisition may face challenges due to revenue stagnancy, integration: analystsWhile the Bengaluru-headquartered IT services company’s bold decision to acquire Capco for $1.45 billion, biggest so far, is expected to gi...
- TCS on growth drive, aims double-digit growth in FY22TCS kicked off the results cycle among top Indian IT companies in the third quarter.
- IT biz expected to make strong recovery in Q3The improvement that IT companies have been seeing after the slump in the June quarter is expected to continue in the December quarter and ...
- TCS hits 52-wk high on opening day of share buybackIndia’s largest IT services provider by revenue will buy back about 53 million equity shares, representing 1.42% of its total issued and pa...
- Mindtree’s 4x4x4 strategy has some buyers & a few sceptics on D-StreetEdelweiss Securities analysts Sandip Agarwal and Pranav Kshatriya set a price target of Rs 2,044 on Mindtree.
- Cloud may take a while to be the rainmaker for IT firmsWhile the evolution of cloud as a technology is not in dispute, they said the acceleration led by the Covid-19 outbreak on cloud services p...
- TCS surpasses Accenture in m-cap to become world's most-valuable IT companyShares of TCS were bolstered on Thursday by a better than expected performance in the second quarter ended September and a buyback announce...
- Buoyant gold and silver take MCX to record highshe weak outlook for the US dollar has improved price trends for dollar-denominated commodities, which will reflect in higher turnover for M...
- Indian IT can count on US banks’ tech spend plansJP Morgan, BoA & Citigroup to increase tech spends in 2020, despite a short-term blip
- Indian IT firms to benefit from large US banks bet on technology spend in 2020JP Morgan’s annual report for 2019, released on April 6, disclosed that it would increase its technology spend by 4% over last year despite...
- Trades on MCX soar as global volatility shifts focus to metalsWhile gold and silver volumes more than doubled on year in the March quarter, trading in crude has seen an increase of 66 per cent.
- Quess Corp considers share buybackQuess Corp shares have fallen more than 60 per cent over the last one month and nearly 74 per cent from their yearly high amid a stock mark...
- Information technology sector may see muted Q3A result of the slowness in banking and retail means Indian IT companies will also face slower growth in North America, their largest marke...
- New 'stay calm, don't panic' CEO Salil Parekh aims to steady troubled InfosysParekh will have to balance maintaining a genial relationship with strong-willed founders such as Murthy with taking bold steps to revive g...
- Ambit sees better days ahead for select IT stocksAmbit remains negative on the sector as growth-related uncertainties till FY20 remain.
- View: Reboot or face the boot? Infosys code needs a rewriteEarlier this year, Ravi Venkatesan, a former Microsoft Corp. India chairman, was asked to mend fences between the board and CEO on one side...
- Narayana Murthy bats for corporate values above everything elseMurthy has been vocal in his demand for improvement in what he has termed as “poor corporate governance standards” at India’s second-larges...
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